Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $2,790 (2025).

What school district is this property in?

This property is in the 1 - Minneapolis school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property was listed for 67 days.

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Sold / Closed

$222,000

Sold price · Closed Aug 3, 2026

5409 31st Avenue S, Minneapolis, MN, 55417

1 Bedrooms1 Bathroom567 Square Feet0.15 Acres

Days on market67

Year built1924

Garage spaces1

Potential $3,750buyer credit when you buy with SODL

About this home

Secure your foothold in one of Minneapolis’s most coveted neighborhoods! This sun-filled rambler offers a rare combination of immediate cash flow and long-term equity growth. Located just blocks from the scenic Lake Nokomis, this property is a turnkey addition to any portfolio or a perfect "buy now, move in later" opportunity for a future homeowner. Property is currently rented. Lease end date is 10/1/2026.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1924

LevelsOne

Living area567 sqft

Above-grade finished532 sqft

Below-grade finished35 sqft

Lot size0.15 acres (42x149)

Days on market67

ListedFeb 26, 2026

MLS #NST7024332

CountyHennepin

SubdivisionC F E Peterson Co Nokomis Park

Parcel #1902823220070

Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Property

Levels / stories: One
Garage: 1 space · 200 sqft
Parking features: Detached Garage
Exterior features: Fiber Board
Pool: None
Fencing: Chain Link

Construction

Property type: Residential
Property subtype: Single Family
Foundation: 8 ft+ Pour · 532 sqft
Roof: Asphalt
Year built: 1924

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

Subdivision: C F E Peterson Co Nokomis Park
HOA: No HOA
School district: 1 - Minneapolis
High school district: Minneapolis

Financial & listing details

Annual tax: $2,790 (2025)
Listed: Feb 26, 2026
Days on market: 67
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementFull

HeatingForced Air

CoolingCentral Air

LaundryLower Level

AppliancesDryer, Gas Water Heater, Range, Refrigerator, Washer

AmenitiesHardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom

AccessibilityNone

Special featuresMain Floor Bedroom

Exterior & lot

ExteriorFiber Board

RoofAsphalt

Foundation8 ft+ Pour

Foundation area532 sqft

Lot featuresTree Coverage - Light

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size200 sqft

Financial details

Annual taxes$2,790

Tax year2025

Taxes w/ assessments2790

Assessment pendingUnknown

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District1 - Minneapolis

District number1

District phone6126680000

High schoolMinneapolis

SODL flat fee brokerage

$3,750Estimated buyer credit

SODL platform fee $3,000Your buyer credit $3,750

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,490/mo

Principal & interest$1,182

Property taxes$233

Home insurance (est.)$75

Down payment

$45,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5409 31st Avenue S, Minneapolis, MN, 55417

Street View

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Listing information

MLS #NST7024332

Last reported MLS statusClosed

MLS record updatedAug 4, 2026, 11:46 AM

Originally listedFeb 28, 2026, 12:00 AM

Listing officeeXp Realty

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.